Gupta Anjana. Trading Pairs: Advance Statistical Tools for Trading in Python

Amazon.com Services, 2020.This is a comprehensive guide on pair trading.Concepts are explained from a very basic so that any trader who does not understand statistics can understand and learn. Models are developed in Google spreadsheet and Python for backtesting past data and finding opportunities. Python is also explained from a very basic so that anyone who does not understand python or programming can write and develop his codes for fetching historical data and backtesting. Machine Learning tools in Python are also used for back testing and finding opportunities.Nothing is permanent if you are in the capital market so you need to keep yourself updated with knowledge and new skills. When excel came you learned it the first time and today it's part of daily life, in the same way, you could make yourself familiar with Python also. When you will keep using it regularly you will be able to do many things which are not possible in Excel. In Python, you can analyze thousands of data points in a few seconds. Today Statistical trading is not easy without software like Python. If you want to go to the next level of trading then knowledge of any software like python is essential. However, in this book, we have developed models in excel as well as Python.The book is written by an author having more than 10 years of experience. The co-author of the book has worked with BSE Limited (formally known as Bombay Stock Exchange) for 6 years from 2011 to 2017. Earlier to BSE he worked with Broking houses like Edelweiss. Today he is an Options trader and Arbitrager. He is also having more than 15 years of experience in the Indian Capital Market.